DATA FINE: The Federal Communications Commission wants to bring the hammer down on AT&T, saying it will fine the telecommunications giant $100 million (the largest proposed fine in FCC history) for allegedly deceiving customers about unlimited wireless data plans, The Wall Street Journal reports. It was the advertising for the plans that got the company in trouble: the FCC says AT&T marketed plans as “unlimited” before capping data speeds after customers used 5 gigabytes of data (the capped speeds were then considerably slower, the FCC says). AT&T, for its part, says the FCC had said the practice was legitimate and that it had been clear about the practices on its website. But the FCC isn’t having it. “Unlimited means unlimited,” Enforcement Bureau Chief Travis LeBlanc said.

WILLIAMS WATCH: The Brian Williams saga has been a source of fascination for the media world for months, and now we’re about to learn the embattled anchor’s fate. WSJ reports that Lester Holt will be elevated as full-time anchor for NBC’s “Nightly News” program, while Mr. Williams–who was suspended for embellishing war stories–will stay at the network in a yet-to-be-announced role. What that role is remains to be seen, but the talk is that Mr. Williams will head back to MSNBC, where he worked previously. The change, first reported by CNN, could be announced as early as Thursday. The scandal has been nothing but a PR disaster for NBC, which brought in network veteran Andy Lack to head the news group and smooth things over. For his part, Mr. Holt has been a steady hand in a competitive time slot. Now the network will presumably give him such much-needed promotional support.

HBO COURTS SIMMONS: It has only been about a month since ESPN announced it will part ways with basketball writer and on-air personality Bill Simmons when his contract expires this fall, but speculation has already mounted about what his future may hold. Will Mr. Simmons, who leaves behind journalistic undertakings like the “30 for 30” documentary series and Grantland, find VC money to strike out with a digital media company of his own? Could he head to Turner to cover basketball on TNT and write for the Bleacher Report? Not if HBO has anything to say about it. More in the full post.